US Treasury Secretary Warns Iran's Economy Could Collapse Amid Sanctions at G20 Meeting

U.S. Treasury Secretary Scott Bessent, speaking at the G20 meeting of finance ministers and central bank governors, asserted that Iran is taking newly imposed sanctions seriously. He stated that the objective is to create conditions for negotiations and expressed his belief that the Iranian economy could collapse within months. Bessent also indicated that the U.S. would likely introduce new sanctions weekly as part of 'Operation Economic Outcast'.